Tag: economics

Pope Francis Warns Against The “Prêt-à-porter” Of Wealth Distribution That Advocates “Depravity Of Free Will”.

  Communism is redistribution of wealth promised to the citizens but rendered to the government overlords. The most important fact to understand about the economics of communism is that communist revolutions only triumphed in heavily agricultural societies. It is all by the design of greed through force of blackmail, sedition of laws, murder, attrition, buy-offs,…

ReCap On Obama Austerity MediCare: Feeling Bullied, Intimidated, Threatened, Cajoled, Browbeaten, Buffaloed, Hornswaggled, Seduced, Tricked, Duped, Bamboozled, Bribed, Blackmailed, Coerced Or Bought Off? Me Too :O)

Rick Foster is the Chief Actuary of Medicare, and his office has just released a devastating critique of the Administration’s health reform law. Before getting to details, let me say there is nothing in the report that is surprising to independent health economists. The conclusions are consistent with everything The Lewin Group and other private…